Gvc Share Discussion Threads

[mylands] 08/5/2017 14:34

No way would nearly 1.5 million shares be sold into the market. These have been placed with an institution(s), who see the upside of taking over £10 million of stock which they would otherwise not be able to get hold of.

By the way, just seen on the list of major shareholders that UBS have gone. Back in February they were holding 14.857 million shares (5.06%). Strange we have not had an RNS about them reducing below 3%. Could be that they now hold nothing.

[mister md] 08/5/2017 14:33

That would especially be the case if they were at 0 cost, but here they had to pay over 400p for them so they are in effect taking the profit of 300p+ per share sold - may have been a good gesture to keep the 'profit' part invested I suppose ...

[festario] 08/5/2017 14:28

I just wish they'd keep them, although they still have a huge holding.When I see any company's Directors sell rns, I always think, why should I buy , if a director thinks it's a good price to sell?

[noujay] 08/5/2017 14:25

It would certainly be preferable if they were not sold into the market but instead taken by an institution.

[festario] 08/5/2017 14:09

I just wish the Directors wouldn't sell their shares as soon as the options are available to them.

[noujay] 08/5/2017 13:38

I would think you are right it's just I don't have a lot of historical reference on that side and I'm pretty newly invested

[festario] 08/5/2017 13:09

The effect is pretty much negligible I'd say, Noujay.

[noujay] 08/5/2017 11:34

It's seems to be pretty persistent selling at the moment so hopefully that will clear soon.Can anybody offer any comment as to how the price has historically reacted upon dividend reinvestment? Obviously it's upwards pressure (!) but if the majority/a significant number reinvest dividends automatically then it would seem reasonable to expect a bump upwards later this week as various brokers reinvest.

[velod] 08/5/2017 10:18

Just perusing the opening "Beware-the-ides-of-the-riverboat-gambler-opening-minutes" of today's price action. This share went to bed on Friday, after all the after hours auctions et al and book balancing etc., had taken place at 739p.

. . . This morning it opened instead at 735.5p (pre-opening auction?) and instantly peaked up to 746p all upon the opening.

. . . Difficult to tell how long it lasted as it's mostly showing as all taking place in just under one minute.

. . . It just begs that perenial question: To whom does it benefit?

. . . Edit: Even if that day's opening high of 746p stands at the day's close as the high of the day it affects calculations of pivot points - as that 746p looks "fake" to me and therefore ensures anyone day trading is betting on falsely provided support/resistance pivot points and ultimately bound to lose money - let alone long termers adding/buying/or selling. And that's if your transaction or limit order was allowed to be accepted in the first place.

[popper joe] 08/5/2017 09:06

Well, Soros certainty is ;-)

[mylands] 08/5/2017 08:47

So, I am in good company then!

[velod] 08/5/2017 08:38

Not only the Euro - From the lows of the pound being a lowly $1.18
- today the pound is sitting back up at $1.30

. . . Some news reports tell of the most famous and experienced of currency hedging funds/experts nursing huge losses after betting the house on the £'s continued demise against the $

. . . Heard Soros is in a sorry state too for getting it massively wrong and underestimating the pound!

. . . UPDATE ON SOROS:
He came out of retirement at 85 and lost big on the pound after Brexit last June. He lost another billion after Trump won by incorrectly betting that the markets would fall in the aftermath of Trump's win.

[mylands] 08/5/2017 08:22

No second guessing where a currency will head! The Euro has fallen against the pound this morning, shows I will never be a forex dealer.

[t 34] 08/5/2017 07:32

Yeah , very good thinking about Euro Zone , especially that it is Germany and France . Wow.

[mylands] 07/5/2017 21:06

The French election result must have a positive effect on the Euro. Had Le Pen won we could have seen a rapid decline in the value of the Euro.

On the other side of the coin, it's not good news though for the Brexit negotiations. Macron is an arch Europhile and will fight hard, with Germany, to safeguard the EU's position, at the UK's expense. Look forward to even tougher times ahead than we were already facing.

[velod] 07/5/2017 10:40

I'm of the opinion that last week's mini retrace is all but played out, closing up from the day's lows back at 739p, particularily now that it's in the few dog days left leading up to the divi payment due at the end of the coming week.

. . . Was happy enough to see it no lower than 737p most of Friday, just as long as it didn't close below 736p everything was fine and dandy as I didn't want it leading up to leaving XD period in a foul mood.

. . . Then it spent far too long in the afternoon at circa approx 734p and I feared worse to come before the next lower support level would come into play. But fortunately it eventually closed up from that at 739p - and that should be enough to put paid to last week's little bear rally.

. . . Think the bearishness of XD period has now all but played itself out on Friday's close.

. . . If it has, then I'm looking for clearing/or about 742p-ish (yet once again :) by Monday close. Then by hook or by crook onto the v low 800p's by the month's end.

[festario] 05/5/2017 11:21

Correct Mylands, to blame one horse in the Grand National, that was not even the favourite for a whole 3 months poor revenue is very weak indeed. They are hiding something.In that race , the favourite was 8/1 or thereabouts, and that was the horse running for the punters.There were 39 other horses running for the bookies, and the winner was one of them!

[rbcrbc] 05/5/2017 09:40

Just a couple of tweets from well respected players I saw this morning on Pokerstars vs Partypoker:





But I guess Poker is a very small %age of GVC these days.

[mylands] 05/5/2017 09:16

I think the latest set of numbers from LADS are the final nail in the coffin of a GVC/LADS tie-up or should I say takeover?

Why is it that the bookies often seem to say the results have not been 'bookie friendly', with LADS being one of the worst offenders. Take these two comments from yesterday's trading update:

'As previously communicated, sports results in Italy were unusually bad in February and March and have had an adverse impact on our Eurobet business'

'The positive impact of bookmaker friendly football results in the UK in January were reversed in February and March, while the first week of April saw very poor midweek football results on the 4th April with 14 out of 15 of the best backed teams winning.'

Even when there seems to be a bit of good news, there is a sting in the tail, with revenues stated to be behind last year:

'A good Cheltenham festival was followed by One For Arthur's victory in the Grand National at a relatively short price, breaking a 5 year run of very bookmaker friendly results in the nation's favourite race. The Aintree festival as a whole was kind to bookies with defeats for some popular favourites such as Cue Card and On The Fringe. However, Aintree's overall revenue contribution was still behind last year.'

Surely, if they were any good, they would be managing their book much more effectivley, which appears to be the case when it comes to GVC and long may that continue!

[cheshiremoggie] 05/5/2017 08:41

RBCRBC,Thanks for the info and perspective. CM

[rbcrbc] 04/5/2017 19:34

The VERY interesting thing about PartyPoker is the recent recruitment of a guy called John Duthie. He started the EPT (European Poker Tour) that Pokerstars eventually bought and have DESTROYED ! he is starting to run some live poker tour events (One in Montreal that people are flying to now). And a recent one in Nottingham - they are getting brilliant feedback - and are likely to take over as one of the biggest live poker tours. The bad news is that from what I have heard on the grapevine live poker events are not very profitable - but it may drive people to their web product - especially for live satellites. But they need to improve their online customer services.

[rbcrbc] 04/5/2017 19:24

Legislation is one of the main reasons - Pokerstars players in NJ, for example, can only play against pokerstars players in NJ ! and the figures are small.

Properly apportioning revenues vs marketing expenditure would be another.

There have been many attempts to start up poker sites - its all about having a BIG budget.

[cheshiremoggie] 04/5/2017 18:57

PS - I lay a fair bit as well - same nickname.

CM.

[cheshiremoggie] 04/5/2017 18:56

RBCRBC,

Aha, thanks for the info. Fascinating.

I would have thought for a non-local game such as poker (it really doesn't matter who you are playing against and the more tables/tournaments the better the user experience) customers would have been aggregated.

I'm sure there are various reasons why that doesn't happen - I can think of a few.

The first 3 MGM players are going to have a bit of a shock!

Unless.... there is some way round it?

Which leads to the question - how do you start up an online poker company, the first customer experiences are going to be terrible.

???

CM.

[rbcrbc] 04/5/2017 16:44

CheshireMoggie4 May '17 - 12:58 - 25878 of 25885 0 0
I imagine that all of the GVC white label poker and their own brand actually play the same games on the same tables - its just the front end that is branded differently. Thus the 3 initial MGM players don't just see one table with 3 players on it, they think there are loads of people playing.

Sorry Moggie - each brand has its own player pool. so the first 3 MGM players will only see 3 players. The MGM front end will look very similar to every other GVC front end, but different colours/schemes etc.

(I play lots of Poker)